HomeMy WebLinkAboutResolution No. 2017-008CITY OF THE COLONY, TEXAS
RESOLUTION NO. 2017-008
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF THE
COLONY, TEXAS, APPROVING A GRANT REQUEST FOR A RENT
REDUCTION IN THE ANNUAL LEASE PAYMENT FOR 2017 DUE TO
2015-16 FLOOD RECOVERY EXPENSES TO STEWART PENINSULA
GOLF COURSE; AND PROVIDING FOR AN EFFECTIVE DATE
WHEREAS, the City Council approves a grant request for a rent reduction in the annual
lease payment for 2017 due to 2015-16 flood recovery expenses to Stewart Peninsula Golf
Course; and
WHEREAS, the City Council has determined it to be in the City's best interest to enter
into such lease agreement with the terms as specified therein.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF THE COLONY, TEXAS THAT:
Section 1. That the City Council of the City of The Colony, Texas, hereby agrees to
reduce the 2017 annual lease payment for the Stewart Peninsula Golf Course in an amount not to
exceed $10,000 for capital improvements to Stewart Peninsula Golf Course; and
Section 2. This Resolution shall become effective immediately from and after its
passage, as the law and charter in such cases provides.
PASSED, APPROVED and EFFECTIVE this 7`b day of February, 2017.
TT ST: ^
_AA w Yl
Cl,
Tina Stewart, City Secretary
A V D AS
Jeff M orA, City Attorney
01
•TEXP�